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$5,800,000
2 Days On Site

218 Mulberry St
Newark City, NJ 07102

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
39,500
SqFt
$147
/SqFt
1900
Built
County:
Essex
Call Now: 201-685-4788
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201-685-4788
218 Mulberry St218 Mulberry St218 Mulberry St218 Mulberry St
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Monthly Payment (Est.)

$26,462
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

A rare opportunity to acquire a fully income-producing mixed-use property in the heart of Downtown Newark's Arena District, steps from the Prudential Center and Mulberry Commons Park. 218 Mulberry Street offers immediate cash flow with significant long-term upside in one of Newark's most active redevelopment corridors. The property features a strong commercial anchor tenant generating approximately $240,000 annually, plus four residential units above, providing a diversified income stream with total annual income of approximately $349,200 and a net operating income of approximately $291,900. Operating expenses are low, tenants pay all utilities, and the property is owner-managed. All leases are month-to-month, offering incoming ownership flexibility to lock in long-term leases, optimize rents, or reposition the asset. Located within a major redevelopment zone surrounded by substantial public and private investment, the property is widely regarded as a strategic parcel in the continued transformation of Downtown Newark. Ideal for 1031 exchange buyers, long-term hold investors, value-add strategies, or assemblage-minded buyers seeking stable income today with meaningful future potential.

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Listing Snapshot
Price 
$5,800,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
39,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.08 Acres
Year Built 
1900
MLS® Number 
4004798
Status 
Active
Property Tax 
$36,877
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.08
Number Of Stories 
3
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
SqFt Total 
39500
Utilities 
Underground Utilities
Water Source 
Public
Zoning 
Redevelopment
Interior Features
Basement 
Full
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Exterior Features
Construction Details 
Aluminum SidingBrickWood Siding
Lot Features 
Corner Lot
Listing courtesy of EXP REALTY, LLC

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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